$450,000
Kenai, AK 99611
MLS# 26-1112
Status: Pending
6 beds | 4 baths | 2528 sqft
1 / 28
Property Description
Well-maintained and updated 4-plex in Kenai with a strong rental history and flexible owner-occupy potential. One unit has been intentionally kept vacant for owner occupancy, though a tenant is ready to rent immediately if desired—making this a solid option for both investors and owner-occupants.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 450000
Date-Listing: 2026-02-06
Status: Pending
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Bush Lanes L14 B2
School-Elementary: Mt. View
School-Middle: Kenai
School-High: Kenai Central
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 1
Acres: 0.17
SF-Lot: 7405.2
Lot Area Source: Tax Authority
Year Updated: 2025
Zoning: UNK - Unknown
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Beds: 6
Year Built: 1960
SF-Res: 2528
Number of Units: 4
Directions and Remarks
Directions: From Kenai turn left on Cook Inlet Dr, right on Lilac Ln, property on the right.
Multi-Family Type
Quadruplex: 1
Listing Terms Financing
1031 Exchange: 1
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Natural Gas: 1
Radiant: 1
Topography
Hilly: 1
Roof Type
Metal: 1
Construction Type
Wood Frame - 2x6: 1
Foundation Type
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Laminate: 1
Linoleum: 1
Luxury Vinyl: 1
Tile: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Government: 1
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 4500
Features-MultiFamily
Covenants: 1
CO Detector(s): 1
Laundry Facility: 1
Owner Occupied: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Docs Avl for Review
Docs Posted on MLS: 1
Unit #1
Bath - Full: 1
Bedroom: 1
Parking Spaces: 2
Unit #2
Bath - Full: 1
Bedroom: 1
Parking Spaces: 2
Unit #3
Bath - Full: 1
Bedroom: 2
Parking Spaces: 2
Unit #4
Bath - Full: 1
Bedroom: 2
Parking Spaces: 2
Sold Info
Date-Pending: 2026-02-11
Location Tax and Legal
Area: 305 - Kenai
Street #: 1214
Street Name: Lilac
Arterial: Lane
Closest USPS Town: Kenai
State: AK
Zip Code: 99611
Property Features
Multi-Family Type: Quadruplex
Exterior Finish: Wood
Roof Type: Metal
Foundation Type: Poured Concrete
Construction Type: Wood Frame - 2x6
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas; Radiant
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Government; Paved; Maintained
Topography: Hilly
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); Laundry Facility; Owner Occupied; Smoke Detector(s); Washer/Dryer
Flooring: Carpet; Laminate; Linoleum; Luxury Vinyl; Tile
Docs Avl for Review: Docs Posted on MLS
Listing Terms Financing: 1031 Exchange; AHFC; Cash; Conventional; FHA; VA Loan
Supplements
This property features numerous updates throughout, including newer flooring, appliances, boiler serviced annually, and fresh paint inside and out. The building is laid out with two 2-bedroom, 1-bath units upstairs and two 1-bedroom, 1-bath units downstairs. Coin-operated laundry is located in a shared common area for added income and tenant convenience.
A great opportunity to step into a well-cared-for multi-family property.
Asbuilt 
IDX
Listing Office: Elite Real Estate Group Soldotna Branch
Last Updated: February - 11 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.